• Pranab Mukherjee
    Mar 16, 2012 12:55 IST

    Finance minister invokes Hamlet

    Finance minister Pranab Mukherjee invoked Shakespeare during the budget presentation today to indicate the tough and perhaps thankless nature of his job.

  • Tamil Nadu chief minister J Jayalalithaa
    Mar 16, 2012 17:32 IST

    Budget anti-people, reflects UPA's policy paralysis: Jaya

    Dubbing the Union Budget as 'anti-people,' Tamil Nadu chief minister J Jayalalithaa today said it reflected the 'continued policy paralysis gripping' Manmohan Singh Government.

  • General Budget
    Mar 16, 2012 23:25 IST

    Focusing growth: FM chooses a cautious path

    In the Budget, the finance minister has chosen to walk a cautious path while the focus on growth is maintained. Markets look forward to the Budget as the direction of policy is very crucial apart from the proposals for various sectors. Ranjeet S Mudholkar writes.

  • Mar 16, 2012 23:27 IST

    Allocations for social services rise but...

    Among five key objectives outlined by Pranab Mukherjee to be addressed in the coming fiscal year was the need to address the issue of malnutrition in 200 high-burden districts.

  • pic 3
    Mar 16, 2012 23:54 IST

    States, panchayats must help implement schemes

    In this year's budget, Pranab Mukherjee has essentially tried to consolidate the gains made as a result of the initiatives he had launched during the previous two budgets. Thus, in agriculture, there is no new initiative except increasing the target for agricultural credit to Rs 5,75,000 crore during 2012-13. This represents an increase of over Rs 1,00,000 crore from last year.

  • Income tax
    Mar 16, 2012 23:58 IST

    A moderate approach in difficult times

    The budget has been presented in particularly challenging times — and not all challenges from the economy. Fiscal deficit and high inflation continue to be the twin evils plaguing the country.

  • Mar 17, 2012 00:23 IST

    Homing in on hot property for black deals

    There is black money and black income, and there is corruption and bribery. These go hand in hand most of the times - but not always, Laveesh Bhandari writes.

  • Mar 17, 2012 00:27 IST

    FM scores perfect 100 to go along with Tendulkar

    The finance minister has done it once again. Pranab Mukherjee has scored a perfect hundred to go along with Sachin Tendulkar’s much-awaited feat.

  • Mar 17, 2012 00:33 IST

    A good budget with emphasis on infrastructure, agriculture and healthcare

    Pawan Goenka, president, automotive & farm equipment sectors, M&M on Pranab Mukherjee's budget.

  • Mar 17, 2012 00:37 IST

    Negative list in service tax net is a welcome move

    According to the Economic Survey, the healthy growth rate of 10% registered by services sector has insulated India from the global slowdown.

  • Mar 17, 2012 00:44 IST

    A flawed vision of freedom and welfare measures

    Between electoral analysis and the budget as a financial statement, the UPA needs a social budget of its eight-year tenure. As an experiment, the UPA was a tremendous collection of possibilities. Its social imagination was extraordinary, Shiv Vishvanathan writes.

  • Mar 17, 2012 00:46 IST

    Choosing the path of fiscal consolidation & continuity

    Some of the themes that dominated the discussions before the Budget included pro-growth, pro-investment, conditions for rapid revival, addressing infrastructure bottle-necks, improved governance.

  • Mar 17, 2012 00:47 IST

    New scheme will aid equity flows to market

    From a savings and investments perspective, the big news of the budget is the new Rajiv Gandhi Equity Scheme.

  • Mar 17, 2012 01:13 IST

    Could have done more to bring down inflation

    The budget 2012-13 was prepared against the backdrop of high interest rates, inflation above the comfort zone of policy makers, slowing economy and impending pressure of elections in 2014. Above all, the economy faced a rising fiscal deficit.

  • Mar 17, 2012 01:31 IST

    Budget shows pragmatic path to growth

    The Union Budget came at a time of slowing manufacturing growth, and a widening fiscal deficit, caused mostly by high oil prices. Private sector investment spending has almost halted. Even the Economic Survey says that it is imperative to quickly revive investment sentiment, and give a big impetus to industrial production.